A series of political scandals and economic issues facing the U.K. government could result in the appointment of a new prime minister, but an early general election is unlikely, reducing the probability of abrupt policy changes in the short-to-medium term. U.K. Prime Minister Boris Johnson is in a fragile position amid continued reports that senior members of the British government held parties in 2020 while the country was in lockdown, fueling criticism about the government’s double standards in imposing COVID-19 restrictions. The opposition Labour Party has openly called for Johnson’s resignation. Some members of his governing Conservative Party have also expressed discomfort with the government’s scandals....